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Re: freebies post# 48084

Thursday, 08/15/2019 10:19:50 AM

Thursday, August 15, 2019 10:19:50 AM

Post# of 61488
Revenue post from Oct 1, 2018:
Reno, NV, Oct. 01, 2018 (GLOBE NEWSWIRE) -- -- via NEWMEDIAWIRE - Artificial Intelligence Technology Solutions Inc. (AITX: OTCPK) provides guidance for its wholly owned subsidiary (RAD - www.roboticassistancedevices.com).

RAD’s suite of products which presently includes SCOT, WALLY and FRED provides recurring monthly revenue for RAD. On Average, each SCOT, WALLY and FRED respectively can generate, over a 4 year period, $60,000, $25,000 and $12,000 of total revenue for the Company.

So for today’s 8/15/19 press release for 2 SCOTs, the company will generate $2,500 per month. 60k/4 Years=15k/12=$1,250 eachx2=$2,500. Maybe their revenue model has changed but this is the last revenue press release I can find.
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